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  • #3,101
  • Sep 25, 2011 12:32pm Sep 25, 2011 12:32pm
Outlook 3
S/R levels for d1 and h4.

d1 has strong bearish tk cross at 1.418.

It is worth noting that the resistance levels do not align with fibonacci retracement levels with the exception of 50% which I considered too optimistic and is not included in this chart.
It will be interesting to see if fib performs better.
Attached Image (click to enlarge)
Click to Enlarge Name: 110923_eu_d1_2200.gif Size: 22 KB
  • #3,102
  • Sep 25, 2011 1:41pm Sep 25, 2011 1:41pm
Quoting 2046
Outlook 1:
a look at MN1 gives the bigger picture and does not need much explanation - downward channel and break below TL of June2010.

Price is currently at 3500 at level of flat Kijun sen(blue) which would normally offer resistance however otherwise is proven at two earlier instances (highlighted in yellow)

immediate Resistance: 1.386
Support: 1.24, 1.18, 1.10

Clean and propper chart views ...

These are really good ones ...

But rare in this forum ... this are charts which show there is a trader who takes this business serious and they are prepaired with sufficient reasonable care ...




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2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #3,103
  • Sep 25, 2011 2:19pm Sep 25, 2011 2:19pm
thx mercy!
  • #3,104
  • Sep 26, 2011 1:30am Sep 26, 2011 1:30am
Quoting 2046
Review:
Chart 1: D1 S/R levels as posted prior to last week open
Chart 2: H4 with above S/R levels at week close

The considerable retail gap at last weeks open confirmed the bearish outlook pushing PA down to support zone 3. Zones were drawn a bit wide but not too far off.
Interesting trading strategy, thou I dont use it. Clear posts, nice explanation. Thumbs up!
  • #3,105
  • Sep 26, 2011 2:11am Sep 26, 2011 2:11am
Going countertrend now.

E:3405
SL :3380

TP:3450-80
Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 75 KB
  • #3,106
  • Sep 26, 2011 2:14am Sep 26, 2011 2:14am
Quoting T@rantula
Going countertrend now.

E:3405
SL :3380

TP:3450-80
+20 now counting,.
  • #3,107
  • Sep 26, 2011 2:17am Sep 26, 2011 2:17am
Hi All,

Twizzer bottoms on M30, rejection of Daily S2. Today i see possible consolidation above 1.338 so I went I'm long @ 1.3399, TP: 1.355 with possible overshoot at 1.361 (UTL on H1), SL: 1.335. I will move my SL to BE when we have a clear break of 1.3422.
This is counter trading so beware, I may decide to close early.

Long term, I see USDX testing 90 before reversing so I have 1.28x as a first target Short and below that: 1.20.

PS: Are we expecting any major news tomorrow?
  • #3,108
  • Sep 26, 2011 2:22am Sep 26, 2011 2:22am
Hi T.
Just read your last two posts. Happy to see we have same views

Quoting T@rantula
+20 now counting,.
  • #3,109
  • Sep 26, 2011 2:25am Sep 26, 2011 2:25am
1.3455 is daily S1, may act as minor Res so will watch reaction there
  • #3,110
  • Sep 26, 2011 2:41am Sep 26, 2011 2:41am
Quoting BrunargarFx
Hi All,

Twizzer bottoms on M30, rejection of Daily S2. Today i see possible consolidation above 1.338 so I went I'm long @ 1.3399, TP: 1.355 with possible overshoot at 1.361 (UTL on H1), SL: 1.335. I will move my SL to BE when we have a clear break of 1.3422.
This is counter trading so beware, I may decide to close early.

Long term, I see USDX testing 90 before reversing so I have 1.28x as a first target Short and below that: 1.20.

PS: Are we expecting any major news tomorrow?
Hey B, as I know of only pound news tomorrow. And pound hmm... another fall

Intraday should be capped around 5490 selling at 60
  • #3,111
  • Sep 26, 2011 3:01am Sep 26, 2011 3:01am
Quoting T@rantula
Hey B, as I know of only pound news tomorrow. And pound hmm... another fall

Intraday should be capped around 5490 selling at 60
Pound closed for + 10

1/2 of EU position still on 35 pips profit atm
  • #3,112
  • Sep 26, 2011 3:40am Sep 26, 2011 3:40am
Good morning traders!



We bought some small amounts with entries at 1.33911 (at around 5:58 o'clock Central European Time) and at 1.3393 (at around 7:06 o'clock Central European Time) and several times we unwinded some parts between 1.34144 and 1.34188) afterwards we did it A REVERSO towards 1.3366 area ...

Then we did reverse it again ... and we did breathe it out at several stages ... between 1.3398 and 1.3424 ...

Then again short from 1.3433 and 1.3438 ...

Did breathe it out at 1.3415 and 1.3409 ...

And now we can wait until IFO ...

Did so ... better than expected ... yes IFO was quite OK ...

So what ... GERMANY that is at least the heart of Europe ...

Germany is the centre of this Laboratory Experimentale ... the transformer ... the driver ...

Maybe the rest of the DIASPORA will keep up with our speed one day as well ...

2011-09-26 _ (10h37 CET) EUR-USD _ 015min _ 000 candle 250-527-40

For today these kind of chart settings has been quite valuable for our purposes ...



;-|
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-09-26 _ (10h37 CET) EUR-USD _ 015min _ 000 candle 250-527-40.GIF Size: 76 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #3,113
  • Sep 26, 2011 4:05am Sep 26, 2011 4:05am
Quoting T@rantula
Going countertrend now.

E:3405
SL :3380

TP:3450-80
Targets have been met.
  • #3,114
  • Sep 26, 2011 4:28am Sep 26, 2011 4:28am
And A REVERSO since 1.34763 again ...



;-|
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-09-26 _ (11h24 CET) EUR-USD _ 010min _ 000 candle 190-502-60.GIF Size: 66 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #3,115
  • Sep 26, 2011 4:42am Sep 26, 2011 4:42am
Well done,

closed on the way down at 1.3465 but didnt cover before


Quoting T@rantula
Targets have been met.
  • #3,116
  • Sep 26, 2011 4:48am Sep 26, 2011 4:48am
Quoting mercy seat
And A REVERSO since 1.34763 again ...



;-|

Partial profits (50%) at 1.34504 ...

2011-09-26 _ (11h46 CET) EUR-USD _ 010min _ 000 candle 190-504-60




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Attached Image (click to enlarge)
Click to Enlarge Name: 2011-09-26 _ (11h46 CET) EUR-USD _ 010min _ 000 candle 190-504-60.GIF Size: 66 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #3,117
  • Sep 26, 2011 5:17am Sep 26, 2011 5:17am
EURUSD, H1, 2011 September 26

What a lovely Hammer! (see around mS2). Now I wait at H1 (mS1 1.3470 was touched) and try to trade some M1/M5 intermediate.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD, H1, 2011 September 26.jpg Size: 136 KB
  • #3,118
  • Sep 26, 2011 5:34am Sep 26, 2011 5:34am
Quoting mercy seat
Partial profits (50%) at 1.34504 ...

2011-09-26 _ (11h46 CET) EUR-USD _ 010min _ 000 candle 190-504-60




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Further 25% at 1.34445 ...

Profit stops for the rest at 1.3470 ... or much lower than now ...

But in case of fly higher again ... above 1.3490 for example I will tend to re-enter again ... depends on environment then ... and of course on time quality issues ...

Point of time is important as well ...

Levels only doesn't mean much ...

2011-09-26 _ (12h02 CET) EUR-USD _ 015min _ 000 candle 250-529-40

Midday in good old Europe ...

Basel Stadt und Land ist immer noch vollkommen ungerechtfertigt auf KARZER gesetzt. Ich wende mich jetzt persönlich an TWEE !



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Attached Image (click to enlarge)
Click to Enlarge Name: 2011-09-26 _ (12h02 CET) EUR-USD _ 015min _ 000 candle 250-529-40.GIF Size: 75 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #3,119
  • Sep 26, 2011 6:23am Sep 26, 2011 6:23am
EURUSD, H1, 2011 September 26
EURUSD, H4, 2011 September 26

I'm trying also to trade the range at H1 with M1/M5 and looking for a breakout. See also H4.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD, H1, 2011 September 26, 13h21GMT+2.jpg Size: 122 KB
Click to Enlarge Name: EURUSD, H4, 2011 September 26.jpg Size: 103 KB
  • #3,120
  • Sep 26, 2011 7:02am Sep 26, 2011 7:02am
Quoting Forexcube
EURUSD, H1, 2011 September 26
EURUSD, H4, 2011 September 26

I'm trying also to trade the range at H1 with M1/M5 and looking for a breakout. See also H4.
Nice chart. thou I always use another CCI confirmation for m1/m5, strictly as a higher TF confirmation and always vuy on retrace. Breakouts are good but usually good to wait for a retest
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